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Silver-plated promise to help SMEs

SMITH-SBC_Silver_Award-WEBThe University of Portsmouth has been officially recognised as world class in helping lead long-term economic growth locally and across the UK, according to a new award.

The Small Business Charter has given Portsmouth Business School a silver award in recognition of its skill, commitment and promise in helping small and medium sized enterprises (SMEs).  This involves demonstrating success in supporting the growth of small firms, engaging with stakeholders in the growth agenda, and providing students with start-up support.

The silver award means Portsmouth is one of just a handful of what it describes as world-class business schools across the UK to have demonstrated their ability and promise to help grow business.

Professor Graham Galbraith, University of Portsmouth Vice-Chancellor said:  “The University brings wide ranging benefits to the regional economy, encouraging enterprise and innovation in the small business community and linking external organisations to our world class academic expertise and research. The Charter Award recognises the passion and success of our University in this quest, and in particular the commitment to supporting SME growth and competitiveness.”

The University and the Business School, already provide a significant range of support for small business from pre-startup support, growth and leadership programmes, and support to access growth funding, to student projects, internships, placements and employment programmes. The School is now extending its existing work in providing student enterprise education (including Entrepreneurs in Residence), and collaboration with other regional partners to assist businesses to improve their competitiveness and productivity.

Professor Gioia Pescetto, Dean of the Business School said: “The work of the University and the Business School is greatly enriched through our engagement with the external business community and this contributes to our broader academic achievements, for example through the development of student entrepreneurial skills, and the opening of minds and opportunities.”

The Small Business Charter awards aim to help maximise business productivity and its contribution to the UK economy. In order to achieve an award business schools are vetted to ensure their business engagement and business support are first class. Currently, only 13 business schools in the country have earned the silver award.


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